ABS pipeline empties out as Socram and Société Générale sell remaining auto deals

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ABS pipeline empties out as Socram and Société Générale sell remaining auto deals

Issue: 1241 - 10 February 2012

The European ABS pipeline stands almost empty, with Société Générale due to close its debut German auto ABS, Red & Black Auto Germany 1 on Friday morning. Socram Banque closed its Titrisocram 2012-1 French auto ABS on Tuesday, leaving no deals mandated in any of the main asset classes in the post-crisis European market. ..

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